Bullboard - Stock Discussion Forum Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Industrial Metals & Minerals

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining... see more

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Almonty Industries Inc > The Largest High-Grade Tungsten Deposit In The World* ???

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Post by TechOne on Jun 13, 2023 12:02pm

The Largest High-Grade Tungsten Deposit In The World* ???

https://fireweedmetals.com/news/fireweed-metals-announces-mineral-resources-for-the-mactung-project-the-largest-high-grade-tungsten-deposit-in-the-world/

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Comment by whoisyourpapa on Jun 13, 2023 12:38pm

Should be in production in 10 - 15 years, if ever? With maybe 1 billions shares outstanding by then. . .

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Comment by QuarterDollar on Jun 13, 2023 1:06pm

....and high costs.....with low profitability.

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Comment by corton68 on Jun 13, 2023 1:51pm

Cantung failed because of the fixed costs given its location. This project ( Mactung) is 100 miles north of there with a lower grade than Cantung. Costs are not getting lower further north in the artic circle than Cantung and with a lower grade to boot....?

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Almonty Industries Inc